Government stuffs OneSteel’s mouth with cash
OneSteel boss Geoff Plummer a year ago:
If we have a carbon tax at $20 a tonne, then that would be a drain of about $20m to $30m (a year) on OneSteel…
So Plummer will feel handsomely compensated today by the Gillard Government:
OneSteel will receive $64 million to help it prepare for the introduction of Federal Government’s carbon tax in July.
That should bring OneSteel on board. (Bolta)

16 Scientists Urge Follow the Money: ‘Alarmism over climate is of great benefit to many, providing government funding for academic research and a reason for govt bureaucracies to grow’- ‘Alarmism also offers an excuse for governments to raise taxes, taxpayer-funded subsidies for businesses that understand how to work the political system, and a lure for big donations to charitable foundations
And YOUR tax money also goes toward this, part of the billions ear-marked for the UN’s IPCC:
Rajendra Pachauri, head of the Intergovernmental Panel on Climate Change, in 2009:
Today we have reached the point where consumption and people’s desire to consume has grown out of proportion… The reality is that our lifestyles are unsustainable…
His solution: hotel guests should have their electricity monitored; hefty aviation taxes should be introduced to deter people from flying; and iced water in restaurants should be curtailed
Here is Pachauri today, living his creed:
This week he’s in India for the 12th Delhi Sustainable Development Summit, which begins on Thursday.
The summit is organized by TERI, an institute led by Pachauri. In other words, he isn’t merely a guest at this event. He’s the conductor of the orchestra. This is his show.
Which is why it’s so eye-popping that it’s taking place in an over-the-top, five-star hotel that’s described this way:
Taj Palace Hotel, New Delhi offers guests a choice of Deluxe Rooms and Luxury Rooms. All guestrooms are luxuriously appointed with central air conditioning, these rooms measure 304 square feet and feature luxuriously large bathrooms.
